Trovati 2 documenti.
Trovati 2 documenti.
Bologna : Il mulino, [2004]
Saggi ; 616
Roma : Banca d'Italia, 1998
Temi di discussione del Servizio studi / Banca d'Italia ; 341
Abstract: The paper explores whether and how current lending-of-last-resort practice can be extended beyond national borders. It argues that what makes lending of last resort effective at the national level is a blend of resources availability, technical discretion, ex-ante supervision, and powers of enforcement.